The USDA says corn export inspections for the week ending June 24th were barely above a million tons, but still more than what’s needed to meet projections for the current marketing year. The 2021/22 marketing year started June 1st, 2021 for wheat, while 2020/21 got underway September 1st, 2020 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out July 12th.
Wheat came out at 285,654 tons, down 265,836 from the week ending June 17th and 229,705 from the week ending June 25th, 2020.